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BTCUSD is running wave 3 of the Elliott wave pattern

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✏️BTCUSD forms a bullish wave after the end of the correction wave at the support zone around 112000. The bullish Dow 2 pattern is formed when there is confirmation of a candle above 115500. Currently, BTCUSD is running wave 3 of the Elliot wave theory and the absolute principle is not to trade against the trend of the main wave. Wait for the profit-taking wave of investors so that the BTC price can adjust to buy towards the Fibonacci zone 3.618.

📉 Key Levels
  • Buy Trigger: Retest and rejection at the support zone 120,000
  • Target 127000

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Dagangan aktif
price is approaching support zone. consider price reaction on m15 and m30 for BUY strategies
Dagangan ditutup: sasaran tercapai
If buying force pushes BTC price to close above fibonacci 1.618 we can activate BUY strategy

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